Valmark Advisers Inc. Raises Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Valmark Advisers Inc. raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,079 shares of the company’s stock after purchasing an additional 1,294 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Core S&P 500 ETF were worth $34,190,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealth Group Ltd. increased its position in shares of iShares Core S&P 500 ETF by 1.9% during the third quarter. Wealth Group Ltd. now owns 190,541 shares of the company’s stock valued at $109,908,000 after acquiring an additional 3,630 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in iShares Core S&P 500 ETF by 6.1% during the third quarter. Capital Investment Advisors LLC now owns 61,269 shares of the company’s stock valued at $35,341,000 after purchasing an additional 3,507 shares during the period. First Citizens Bank & Trust Co. boosted its holdings in shares of iShares Core S&P 500 ETF by 26.4% in the third quarter. First Citizens Bank & Trust Co. now owns 121,435 shares of the company’s stock worth $70,046,000 after acquiring an additional 25,372 shares during the period. NovaPoint Capital LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 36.9% in the third quarter. NovaPoint Capital LLC now owns 12,185 shares of the company’s stock worth $7,028,000 after acquiring an additional 3,287 shares during the period. Finally, Friedenthal Financial boosted its holdings in shares of iShares Core S&P 500 ETF by 14.9% in the third quarter. Friedenthal Financial now owns 185 shares of the company’s stock worth $107,000 after acquiring an additional 24 shares during the period.

iShares Core S&P 500 ETF Stock Performance

NYSEARCA:IVV opened at $612.68 on Monday. The firm has a market capitalization of $528.68 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99. iShares Core S&P 500 ETF has a 52-week low of $495.94 and a 52-week high of $613.93. The stock has a fifty day moving average of $600.72 and a 200 day moving average of $583.29.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.